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, therefore, that will lead us in terms of price action over the next five days. bob pisani? >> if you look at the interday, we were positive on the day earlier on. we dropped in the middle of the day and some people are attributing this to concerns that the house leadership did not issue the 48 hour call for the whole house to come back into session and vote on a proposed plan even though there isn't one out there, some are interpreting this to mean there will be no deal certainly going into the weekend. of course, the time period on which we can do something now gets smaller and smaller. let me show you a couple sectors here. we talked about this mastercard report on sales only up 0.7%. luxury retailers getting hit hard. can i just point out that none of these luxury retailers have done very well this year. tiffany, coach, ralph lauren are negative on the year and have been even before today's report. michael kors is the standout in luxury. remember they went public about a year ago. that's had a great run, up about 60% this year. but that's the standout in retail. can i also point out th
, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out. and citi research has downgraded apple from a hold to a buy. you can see there just below $500. >>
is bob dean from the national resources defense council. one of the groups behind that particular study. bob, thank you. welcome to the show. >> thank you, sandra. good to be here. sandra: so let me get this straight. you're blaming the warm winters, lack of snow on climate change? >> absolutely. you mentioned sandra, we're on track as of end of the november we had the hottest year on record in this country. 3.3 degrees hotter than the 20th century average. it hurt our farmers and ranchers, devastated worst drought in 50 years. fires detroit nine million acres of forest and fields. we'll seeing it on the ski slopes. climate change for the slopes means less snow on the ground, feuder skiers on the slopes. if you make your living in the business, less money in the wallet and paycheck. sandra: one might question that reasoning behind this and say a billion dollar loss for the industry over the past decade. your study says 27,000 jobs have been lost. i might remind you hey, we've been in a brutal recession. we're slow coming out of it. it might be the weak economy driving a lot of tourists
? head to madmoney.cnbc.com. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> lately i've been getting a ton of calls about the printing business. no, i'm not talking about old-fashioned printers like the kind you buy from a dinosaur like hewlett-packard. i mean three-dimensional printers. these are machines that can rapidly design and produce functional three-dimensional parts and products. designers use them to whip up prototypes right in their offices instead of having to send out blueprints to an actual manufacturer. increasingly we're seeing them in strange places. dentist's office to make molds and bridges. and now i'm getting a lot of questions. is 3-d printing for real? and if so, what's the best way to play it? because "mad money" is the most interactive show on television i'm going to answer that qu
that bob toll cited, 1.8 to 2.8 million households fewer since 2007 were formed and that's playing catchup. we should have the formation of those households unrolling now. >> i thought it was amazing. saying the optimism has to do with demographics and not the fiscal cliff. kimberly clarke talkeded abo ee decline in birth rates. i don't shop for diapers. >> i did. not long ago. >> are you out of it? >> tail end. >> such a nice thing. >> amazing statement by them saying, listen, not a lot of people are having kids. >> what about adult diapers? >> there is some household formation in the u.k. we'll get at least one new baby in the u.k. right? >> she's a smart person. i wasn't going sexist there. i know better than that. i'm not going over the sex cliff. >> she's fashionable. >> yes, she is. >> even i know she's fashionable. >> whatever she wears maternity wear, it will be a boost. >> does she go to gsw? i said that was discount. it's designer. and you've got to go there. >> there's one on 79th street. >> gorgeous store. you can go to whole foods and you can buy shoes. may i suggest you do th
year together in clean energy. china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to kick down the road the transition we need to make for the sake of our economy, for the sake of our national security for the sake of our-- >> we're not kick it go down the road. this isn't a fiscal cliff kick down the road. they're improving techniques all the time. they're not kicking the problem down the road. >> most are. and those that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that needs to be changed so that all of these com
. margin? don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked a question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >>> you know it is going to be interesting when snoop city on the floor. time for the mad dash. talk con-agra, stock close to 13-year highs lately. >> jerry rod kin an amazing ceo, one of the best consumer -- one of the best consumer packaged goods men i have he ever seen. moving aggressively a private leve
will never lift a finger for you again." >> those are tough words! >> you know the old bob novak, he used to say that republicans were put on earth to cut taxes. and if they don't, they have no purpose. >> no purpose, yeah. >> that was bob novak. you know, all of a sudden we're faced with a set of circumstances where we're talking about cutting taxes on spending, and now we've got stuff on the table to react to, and conservatives don't feel comfortable with what's on the table. >> so what is it that conservatives would like to have happen? in other words, compromise. you need compromise to get a deal done, but you're sort of saying don't compromise. >> no, we're saying have a serious conversation. the president is proposing taking an aspirin when we've got a bad case of pneumonia. you've got a trillion-dollar deficit this year, $172 billion just in november. 60% of our budget more or less is on entitlements. and he's proposing not to touch entitlements? that's a nonstarter. i mean, that is an irresponsible position to take. you've got cost of living -- >> that's not his position. it's not
over the past few days alone. our bob pisani joins me here on the floor of the nyse. what are you hearing from traders? the market is drifting a little bit. the focus is on apple. there seems to be a little bit of enthusiasm that it can come back to the up side. >> we were up a little while ago, now we're down. i think what happened, the senate majority leader harry reid came out with a couple of comments. he said any program, any deal that's out there must include a stimulus component -- really? a stimulus component? he said rates have to increase to 39.6% as part of any deal. the dow drifted lower on that because people were arguing you should have a 37% as a compromise on the tax rates. >> mr. geithner yesterday when speaking exclusively to steve leisman seemed to really avoid that 39% number. that encouraged a lot of people thinking that perhaps that is a flexible number. >> let's hope it is. but the senate majority leader says -- specifically said 39.6. i think that's specifically the reason we took a little bit of a dive a while ago. either side are positive or negative. but
. let me introduce myself, i'm bob oakes from morning edition on wbur, boston's npr news station. [applause] thank you. thank you. i'm sure some of you are saying, wow, that's bob oakes? [laughter] i thought he was taller -- [laughter] i thought he was thinner, i thought he had more hair. [laughter] and, you know, the funny thing is that all those things were true last week. [laughter] let me thank all of you for coming here this afternoon and thank the boston book festival for having us. don't they do a nice job? isn't this a terrific eventsome. >> yes. [applause] >> let's also thank the plymouth rock foundation for sponsoring this particular session and say that without their generosity, it would be hard to put on events like this that add to the cultural life that we all enjoy in this great city. so so thanks to them. [applause] and in a way that's what we're here to talk about this afternoon, the triumph of this city and all the cities, the triumph of the city, that's the title of harvard economics professor ed glaeser's book. it's about what's made cities around the world gr
republican senator bob corker if a deal is likely and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >>> we also look back at the life and legacy of general norman schwarzkopf. and a double agent tells us how facebook was used to infiltrate al qaeda. >>> but we begin this morning with today's "eye opener," your world in 90 seconds. >>> the house and republican have left town. the negotiations between the president and speaker have fallen apart. you can't legislate with yourself. >>> republicans have bent over backward. we wanted an agreement, but we had no takers. >> washington scrambles to avert the fiscal cliff. >>> president obama has asked the congressional leaders to meet at the white house today. >> if they cannot reach a deal, the economists warn that could trigger another recession. >> are they going to avoid a fiscal cliff, eric? [ laughter ] as stormin' norman has died. he commanded the u.s.-led international coalition and forced saddam hussein's forces out of kuwait. >>> some of the same states are bracing for yet anot
boehner doesn't seem to have the power and grover does. >> the point, again, bob corker's pledge is not to me, it is to the voters of tennessee, that's the argument he's made again and again. if he wants to have a different conversation with the voters, that's his choice. >> why is corker the coolest man on earth? who does he play golf with? peyton manning. >> really? >> he's giving me all the big -- the minimum tax. i said, what are you up to this weekend? he said, i played golf with peyton manning. i said, are you kidding me? that seems to be more important to you than the fiscal cliff. >> 11-3? >> they still need home field advantage. >> they're competing for a first round play-off. what peyton has done is just amazing. steve liesman's exclusive with lacquer. one more look at futures this morning. we'll cover what 10% on squawk earlier today. and a lot more when "squawk on the street" comes right back. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 l
children to sweat shop work day? >> anyway, let's check with bob pisani with more on what's moving today. >> let's talk about what the trading day's going to look like. that was the main topic of conversation overnight and through this morning. i would note, folks, i know this is not a good open, but we are well above where we were at the close last friday. so we were 1413 last friday at the close, 1427 now. i think on the s&p 500. okay. it's a bad day, a down day, but we're still actually above where we were at the close last year. we're up for the week on the s&p 500. i think the problem now is going to be talking about what the rest of the day's going to look like. my sense talking to everybody is, they'll try to sell at most of the rallies that go on, just to protect themselves for what we've been seeing here. that's going to be a problem. because i know you're hopeful maybe we'll get a move up toward the close. i think selling into the rallies is going to be a general problem. i specifically was talking to people about that today. we've been rallying. the biggest problem that we hav
, bob. we did. got it. >>> if you notice unusual trades happening today, it might be because of those gentlemen. >> and ladies. >> they'll ring the opening bell. >> we'll tell you more about that in a couple of minutes. in the meantime -- >> they are gentlemen. >> in the meantime, the president is in hawaii on vacation. washington lawmakers are on holiday. there's still no deal to avoid the fiscal cliff. the deadline is a week away. hampton pearson is in washington on the stalemate. >> as early as the day after christmas, congress and the white house will have to start to deal with what president obama called the real consequences of going over that fiscal cliff. >> nobody can get 100% of what they want. and this is not simply a contest between parties in terms of who looks good and who doesn't. there are real world consequences to what we do here. >> a short-term deal won't just focus on tax rates. the end of the payroll tax cut and the impact of the hike in the minimum tax on january 1st. over the weekend, we did hear from some republican moderates who say it may in fact be time to
. >>> republican senator bob corker of tennessee has offered proposals in recent weeks to break the stalemate in congress. senator, good morning, good to see you. >> good morning, jeff good to be with you. >> are we going over the cliff? >> well it depends on what that means. i think 98% of the people in our country can be assured that at some point over the next short period of time, their income taxes are going to be the same but this congress as you know has been more prepared than any to deal with the big issues our nation faces and what you're seeing is a lack of courage to deal with the spending issues. unfortunately, you know today the average american doesn't realize that there's 40% of government services that they're not paying for. only one-third of medicare is paid for by those people who actually use it and because there's been this charade going on, where the left and right basically have conspired together to shield the american people from the true cost of government, we really don't have any constituency here to help reduce spending because we have not
, the fed meeting. what are the proceed right now? >> we've got bob from s&p capital iq. steven wood and gordon shallop. great to have you all on the show. you normally get the priority of speaking first. what are you doing right now? >> right now we're anticipating for volatility. we knew it was going to be a volatile fourth quarter. there's a lot of policy induced volatility. that said, the economy in the united states has not changed that much. it's grinding along. that recovery we've been talking about for a long time. so it's measurably positive, not robustly positive. that's kind of doing battle with just about offsetting some of the policy risk. >> the fear is all that changes if we go over the cliff. >> it would. right now the forecast is there's some compromise. there's a short-term compromise. they buy time. and they use that to get the silhouette of a grand bargain. if they use the time well, the markets could like that. if we do go off the cliff, that's 8% of gdp. >> what's your expectation, bob? >> we put out a research saying the fiscal cliff was going to consume invest
with our own bob pisani. >> you're looking to the market right now based on the next 12 months. at about $109. we should be trading at around 1740. if we were at the median p.e. of 16 -- >> 1740 on the s&p? >> 1740 would be a 16-forward multiple which is the median since as far back as capital iq has had forward estimatinged earnings. >> right now you're on 1426 on the standard & poor's. let me get your take on this. i recognize there are a lot of ways to look at things. but there's also a technical way to look at something. and that is if a stock is undervalued, maybe it's cheap for a reason. and maybe it will get cheaper. so why do you think that we're supposed to go back to the way history has shown us, when in fact sometimes the stock is cheap for a reason and only gets worse. >> that's what's causing a lot of investors to sit on their hands saying i'm not buying into is the. our forecast is for a 10% advance which is basically what history says we should be experiencing based on where we are now in this low inflationary environment combined with trailing gap earnings going back to t
source by 2017 mainly because of china. what's an environmentalist to do about all this of. we asked bob deans of the natural resources defense council at the top of the hour. stay tuned. and let's go back to nicole for a check on microsoft right now. of course that's stuart's favorite stock. what's it doing? >> that's right, he always discloses that he owns some shares. well, if he were to be watching right this moment he'd be disappointed because the stock here is down nearly 1%. the biggest loser in the dow jones industrials and the experts have been watching the shopping this holiday season, are not seeing the shoppers really buying windows 8, the latest microsoft software and saying while the parking lots have been full in the malls and such and apple store is bustling and people are leaving with packages, while people are intrigued with microsoft 8 they're not really getting in there and buying the new computers. so weak pc sales are hurting microsoft overall and windows 8 is just not bringing them in. down 1%, 27.20. >> stuart's symbol, when the stock is above 30, he's smiling and
. >>> he is always outspoken on sports. bob costas touched a nerve within he spoke out on gun control earlier this month. find out what he's saying about that now, coming up. hing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. up high! ok. don't you have any usefull apps on that thing? who do you think i am, quicken loans? ♪ at quicken loans, our amazingly useful mortgage calculator app
though some republicans seem to be budging. that is 5:00 p.m. eastern here on fox business. lori: bob corker. i can see in the fluffy slippers. melissa: what did bob corker have to do that? lori: he is the one that suggested that the republicans should accept wealthy tax increases and move on to entitlements. one big money strategist says don't give up on different den stocks quite yet. halfer ford chief investment officer hank smith joins tracy and ashley next on. don't miss it >> we have three weeks of gains and kicking off this week with up arrows. not too far the unchanged line. that seems to be the trend. we're moving higher, slowly but surely. let's take a look at names very key here. watch, first go across the board. the best of the bunch. tech is beaten down lately. now it is coming back. up one quarter of 1%. look at mcdonald's. out with same-store sales for the month of november. much better than, they beat the street for november. october was a terrible month for mcdonald's globally. it was their first month of same store sales they saw a decline in nine years. everybody wa
, craig cook from the university of cincinnati. i remember those guys. i loved them. bob trumping, chris collinsworth. john harwood, thank you. and i was happening that rg3, no real damage, hopefully. comments, questions on anything you see here on squawk, e-mail us, squawk@cnbc.com. >>> still to come, one of the most cited voices since the fiscal cliff, erskine bowles. he he loves the rise above. first, we're going to head to the futures pits in chicago and see which stories are most likely to drive today's trading. as we head to break, some of santa's friends dawned swimsuits this weekend to take part in the santa claus run in budapest, hungary. they did their best to keep moving in below freezing temperatures. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great yea
?margin. don't be modest, bob. you found a better way to pack a bowling ball. that was ups. and who called ups? you did, bob. i just asked question. it takes a long time to pack a bowling ball. the last guy pitched more ball packers. but you... you consulted ups. you found a better way. that's logistics. that's margin. find out what else ups knows. i'll do that. you're on a roll. that's funny. i wasn't being funny, bob. i know. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. . >>> as promised let's take a look at the rest of the top ten most intriguing people you selected for 2012. here's again, brooke baldwin. >> reporter: number five, super jumper felix baumgartner. let's face it, he did what no human has ever done, diving 24 miles from the edge of space. >> under way. >> breaking the sound barrier along the way. >> i'm still the same guy. but as soon as you start traveling p
the dow jones industrial average is up. bob joins me, they are really hoping that they can get in done and get it done before christmas. this mark set dieing to get a deal. >> it is very something, do nothing is off the table. that's a substantial move. did anything happen? yeah, it did. you can see in the market, stocks that haven't not much recently are doing something. look at that, 3% moves on some big names. home builders are up nicely. they have been largely side ways since earnings came out. 5% on all the home builders. the treasury many etfs, slowly moving down, maybe deflating a little bit. we will talk about that in the last half hour. i get asked a lot about why is hewlitt packard down so much today? there is a somewhat negative article in the guardian, a london newspaper, questioning meg whitman's leadership, and that's probably it there. that's the only thing i have been able to find. >> ty, back to you. >> using power whatever this office holds to safeguard the nationes a children following the school massacre in newtown, connecticut. raising the prospect that he will goo
. before we go, you, bob have been known as the president's ear right for banking. >> i'm very close to him. liz: what is happening with the fiscal cliff, him and boehner. >> listen, they have had great meetings with ceo's. they have had three meetings with ceo's. the president wants a deal. boehner wants a deal. i think it has to be balanced with revenues including increased rates on taxes. i would say at like 75% that there's a deal. liz: well, there's a deal tomorrow when this auction is up. they're incredible. internship at chanel. come on you know a kid that wants that. incredible offers. good luck. good work you're doing, kerry. >> thank you for doing this. liz: kerry kennedy. oh the website, rfccenter.org. >> rfkcenter.org. liz: then you will click on it and see where the auction is. go falconning with rfk, jr., her brother. that's what you would like? david: i would like to go falconning. i would have to bid. liz: 5100. david: that is not bad. for a good cause. liz: always. david: apple and google have become french mys. -- frenemis. they are on a bid for kodak patents. we'll have t
? >> it was exactly, bob costas said. i think he actually said on this network, that guns always make situations more dangerous and saying things like that is just factually incorrect. and there are 30,000 people possibly every year killed with a firearm and exactly like you said, mike, 2 1/2 million times a year, people use the the guns to prevent crime. so the reason is that firearms deterrent and we've seen the lowest crime rate in the country now, and gun ownership at the highest rate. 47% of american households report to have a gun and admit it and let the polesters know: accidental firearm mistakes are at their lowest in the history of this country. bob costas and the anti-gun people are spouting off incorrect things and you know-- >> and i've heard quite a few people say after his remarks, if belcher's girlfriend had a gun maybe she wouldn't be dead. good to see you. >> thanks, mike, thank you. >> mike: after the break here, then, 90-year-old statue has been hailed as a priceless piece of public art and now it may be moved because feminist groups say it may be offensive. that guy is standing
to go home and watch kenny anderson and bob thumpy. >> and chris collinsworth. my dad had season tickets and that's who we used to see, bob trumpy and kenny anderson. great cook. remember him from university of cincinnati. it will be thin trading. what happens this week? it's all dependent on i guess now a small deal. do you feel better that it's in the hands of the senate, ira sfp. >> oh, yeah. i feel great. we're at the point, i think people realize, well, if we go over, they're going to have now a resolution, if it's in mid january, fine, it's in mid january. there are many other things going on in this world. they will come to some type of agreement. and if they want to drive it over the cliff, okay, but then it's going to put the spending right -- that's not necessarily a bad thing. ken langone was not talking about the same thing last week. now spending will come front and center. we've got something that we've delayed for quite a while. it seems there's an agreement that they have to raise some revenue, but they're going to have to attack the spending at some point. if this gets t
thompson. she's in for bob this morning. >> the dow is down 54 points. now just down about 34. the market is expected to move in tandem with any headlines across from washington. right now, we don't have the deal, not really a problem for the markets. of course, that could change as we head toward the close and the uncertainty builds. quick check of the european boards today. most of them were closed. those who did trade, i should say, were only traded a half day. the session there was mixed. the concerns over there continue to be will the u.s. go over the fiscal cliff. that kept pressure on some of the indices there. we're keeping watch on the bank stocks right now. we've seen a dourn-around in those there. futures popped earlier half an hour before the open. they have opened broadly to the down side in today's session. you guys were talking about it earlier, another positive reading on the pmi out of china. that seems to be lending some support to the material stocks in today's session, as you take a look at the shanghai composite, which is closing at a six-month high, or closed the new
bob corker was on our air earlier today and he laid out sort of what the political challenges here for republicans. take a listen. >> it sure seems to me that we're negotiating about something that makes it appear that all we are trying to do is protect the rich. er with not at all focused on entitlement changes which is the only thing that will save our country. >> so when the speaker now briefs his republican leadership colleagues about whatever was in that meeting yesterday, the trick for him is going to be to present it in a way that he gets there and continues to have support. there is mumbling and grumbling about a particular challenge to speaker boehner about republican colleagues early in the new year. that is something the speaker would like to avoid. he has it find a way to get a deal and keep his job at the same time. all of that is tricky can be tyler. >> thank you very much. let's go to the exclusive patented trade mark cliff-o-meter. are we closer to a deal? no deal. we call it right now, right in the middle. that is closer to a deal than it was late last week. basica
and found a few off the record and one on the record, bob bennet, lieutenant to mitch mcconnell saying, yes, mitch told us all we're going it try to block everything we can, and if we cannot, throw sand in the works, as much as we can, and, of course, the process of filibustering, which requires the two days for the cloture motion to ripen, a lot of time on the floor as you go through the process, and then if you achieve cloture, allowing the 30 hours of the post cloture debate, and you can demand the full 30 hours, and you don't even have to debate becomes a very tempting tool to use to soak up an enormous amount of floor time because if you have an ambitious agenda as the majority, floor time becomes a very precious commodity, and it's that process, then, you know, you can point to examples of bills and nominations that ultimately pass unanimously that were taken through. in the case of bill's, in many instances, a motion, filibuster on the motion to proceed, which ended up with a cloture motion that passed overwhelmingly, but then another filibuster on the bill itself, and then we see fi
warriors and the chamber of commerce and john kerry and bob dole. it was voted down including five key votes from friends and colleagues of bob dole. it was all over what the senate foreign relations committee -- the hearings indicated the black helicopters were not coming. this was not some crazy requirement on america. we already have the standard. it was that 26 other countries have ratified this. it went down. i am still trying to understand the opposition. >> would you think? >> i think it is fear. it is not based on fact or reality. someone is able to hype this notion we are agreeing to a one world government by ratified this treaty which simply embodies what has been our law for decades. the chamber endorsed it. but there is this year. -- but there is this fear of the government and being required to be accountable for having health insurance, the so-called mandate, even though there is help if you need it. >> the velocity of information through social media, radio, and tv, there is a lot of false information and it gets amplified so rapidly now. it is very hard for the facts to
hemisphere. i worked with some of my cuban- ileanaan friends, ke ros-lehtinen and bob menendez and we worked hard to put sanctions on castro to try to bring that regime down. it was not until the soviet mig that was shot down, they shot a couple of them down. one of them made it back. that created a huge for error -- furor. bill clinton was put in a difficult position. i was the author in the house and the jesse helms was the author in the senate and we worked together on the bill along with my cuban-american brands. >> that regime is still around. at the time, a number of our allies protested the bill. in the rearview mirror, how effective was it overall? do you feel good about that? >> it shows the repression is so strong in cuba, the ability of fidel castro to reach out to some of his "friends" around the world that he has been able to circumvent sanctions. i think we ought to do everything we can to bring freedom to the people of cuba. the helms-burton law was not as effective as i would have liked. >> another issue out you are associated with is autism. how did that get started? >> my g
looks like bob beckel's house. he actually lives in. and you will see it get festive in christmas spirit on our "fox & friends" christmas special. >> brian: how do you know these things? >> steve: 'cause we taped it last week. >> brian: that's right. i was there. >> gretchen: did he release how much he spends, what his bill is. wait until you find out. i think it's 8:00 p.m. eastern time on christmas eve and runs throughout christmas day. let's talk about fema. remember when they promised they would come right away and help all of the victims from super storm sandy? there was a lot of miscommunication, a lot of people still have not received the help. and oh, by the way, there seems to be a couple of trailers from fema that are sitting around, but they're not helping anybody. so what happened? remember when the message was there wasn't going to be any red tape, everyone was going to get everything they needed as soon as possible. >> i order resources be made available to states in the path of the storm as soon as they needed them. i instructed my team not to let red tape and bureaucracy
, bob gates. >> if you wrote the story, some people would say you can't believe it, you're making this up. why is this award so important to the marine corps? >> well, the marine corps is by its nature a brotherhood. and the marines who were there believe they are alive today because of what he did. and that's indy adthat'sdivisib. they're not going to rest because of a pathologist report who did not see the body. indeed, a blue ribbon commission did look at this and say with the conflicting evidence, medal of honor was not appropriate. marines will not buy off on that, although i don't know what they can do. the larger issue is why have there been so few medals, ten, in this decade of role. 246 in vietnam. why are we so reluctant to acknowledge bravery. nobody seems to have an adequate answer to that. it's the sort of thing that makes the marines heart sick. >> tony perry, thank you. >>> the stars came out last night rocking all in the name of charity for sandy relief. we'll bring you more highlights. [ woman ] dear cat, your hair mixes with pollen and dust. i get congested. but
. subscription service 7.99 a month. television partnerships with nickelodeon, sponge bob square pants. works with set top boxes. give a gift card. works on nintendo wii u brand new. kids consul the nintendo wii you in high definition. game pad. hulu plus and play games on the game pad or on the screen. new nintendo games and moreio games and nintendo land. theme park game from the folks from nintendo i have been testing it. it's a lot of fun. >> about 300 bucks. >> about $300. great for the small kids. get them involved in science. i loved science as a kid. i tykes a couple different programs and items. this is their microscope. put iphone or microphone. it has so it interact. put a tablet. see on the large screen a butterfly or zoom on different specimens play up and down with a real lenz as they look through here. >> mom and dad you buy this it's $89 but you buy your kid an iphone and a tablet. >> if you have it most parents are throwing those things in there they have anyway. with you pick up on amazon dot many arthur wants this for his kid and i do. my kid is a huge thomas fan. all of th
communicators." >> we just saw pennsylvania senator bob casey. >> the committee will come to order. we want to thank everyone for being here today. i did not have a chance to personally greet our witnesses, but i will have time to do that later. i want to thank both of our witnesses for being here. i will have an opening statement that i will make, and then i will turn it to dr. burgess. i know that vice chairman brady will be her as well. we know the challenges that we confront here in congress on a whole range of issues, which are sometimes broadly described under the umbrella of the terminology, fiscal cliff. when we confront those difficult challenges, we have to ask ourselves a couple of basic questions. one of the basic questions we must ask is, what will be the result and will be the impact as it relates to middle income families? what will happen to them in the midst of all these tough issues we have to work out? we know there is broad agreement that going over the so-called fiscal cliff would jeopardize the economic recovery. it would do that by increasing taxes on families, haltin
're so worried about -- >> that's because they want to make money. it's like what bob pisani said. this is just what the traders wanted. okay i'm done, you go. >> let me quiz for you for a second. if they were so concerned about this imbalance, which ostensibly is about the inability of the u.s. government to pay its bills, why aren't they selling the very paper they appear to be buying with abandon? >> because they would like to continue to contribute tax revenues to the ever-growing deficit and money. >> need for employee -- >> but agreement to making money are two different things. >> talk to the guys behind you and find out if they so think the u.s. is -- >> -- exchange guys. these are foreign exchange guys. >> get into the other pit there. go take a walk and come back. i don't get it. if they so think we're out of whack why aren't they selling? >> come over here anthony. all right. hold on. i'll translate. give me the question. >> here's the question. >> steve liesman has a question. >> if the u.s. fiscal situation is so out of balance, if the country is so bankrupt, why isn'
than we do of linking appropriations. host: let's hear from bob in minnesota, republican caller. caller: there is a topic that nobody wants to talk about. it is the interest rate. the interest paid on our national debt. currently, most of the debt is under short term, under 1%. it is manipulated by the federal reserve and the treasury department. it is going to go from a historic -- $1.50 trillion in interest annually on the national debt. how is that going to impact the military industrial complex in the near future when that actually comes to be? guest: that clearly is a ticking time bomb for any part of the federal government. we are in a period of unusually low interest rates. when they rise, it is going to be a body blow to the national politics and the country. the jump from 1% to 7% is such a massive increase in taxes that the only thing i can think of is greece. host: what does it mean for the pentagon? guest: greece used to be one of the only three non-u.s. countries in nato that was spending 2% of gdp on national security. they are now below that because they cannot afford it.
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